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Anand Rathi: Banks Scaling Down Lending, No Sign Of Revival In Non-Food Credit

Bank deposits in India have increased by Rs5.1 trillion in FY21 so far, the highest for corresponding periods in previous fiscals.

A customer counts Indian one-hundred rupee banknotes before depositing them at a bank in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
A customer counts Indian one-hundred rupee banknotes before depositing them at a bank in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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